Launch of new Royal Enfield may help Eicher to grow: Analysts

The popular motorbike is expected to beat peers in the domestic market in FY22

Strong volume growth, led by new launches, steps taken to ease supply-side constraints, and ability to maintain margins are positive for Eicher Motors while heading into FY22. While exports at 6 per cent still constitute a small portion of its overall volume, the company believes there is a large opportunity for mid-sized bikes in overseas markets.

For February, the company registered growth of 94 per cent in exports, helping it outperform the sector. After the success of the 650cc twins, the company is looking at increasing its share with new launches in key markets. It is targeting a 10 per cent